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CHINA: Power shortages lead to durable market reforms

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Severe power rationing has led to significant long-term reforms to China's electricity pricing system that go beyond emergency stop-gap measures.
Under the new system, coal-powered generators can pass on higher coal prices to electricity users; the changes also force coal ...

 

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CHINA: Power shortages lead to durable market reforms

Severe power rationing has led to significant long-term reforms to China’s electricity pricing system that go beyond emergency stop-gap measures. Under the new system,